Submersible Pump Market

Electrical Submersible Pumps (ESP) are one of the most reliable and efficient ways to lift fluids to the surface, both oil and water. As the name suggests, it is submerged into the reservoir fluids and pushes the fluid to the surface. The ESP pumps can be designed to handle fluids of up to 60,000 b/d and cover various well conditions and production profiles, and generally a low cost solution for high volumes of lifting.

Submersible Pump Market contains market size and forecasts of Submersible Pump in global, including the following market information:

Global Submersible Pump Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Submersible Pump Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Submersible Pump companies in 2021 (%)

The global Submersible Pump market was valued at 8100.9 million in 2021 and is projected to reach US$ 13830 million by 2028, at a CAGR of 7.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Plastic Submersible Pump Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Submersible Pump include Grundfos Group, KSB Group, Wilo, Xylem, Tsurumi, DAB pump, Ebara Corporation, Pedrollo S.p.a and Franklin Electric Co., Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Submersible Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Submersible Pump Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Submersible Pump Market Segment Percentages, by Type, 2021 (%)

Plastic Submersible Pump

Cast Iron Submersible Pump

Stainless Steel Submersible Pump

Global Submersible Pump Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Submersible Pump Market Segment Percentages, by Application, 2021 (%)

Civil and Commercial Application

Agricultural Application

Industrial Application

Others

Global Submersible Pump Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Submersible Pump Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Submersible Pump revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Submersible Pump revenues share in global market, 2021 (%)

Key companies Submersible Pump sales in global market, 2017-2022 (Estimated), (Units)

Key companies Submersible Pump sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Grundfos Group

KSB Group

Wilo

Xylem

Tsurumi

DAB pump

Ebara Corporation

Pedrollo S.p.a

Franklin Electric Co., Inc

Sulzer AG

SHIMGE

Kirloskar

Dongyin

Suprasuny

C.R.I PUPMS (Shanghai) Co.,Ltd

Saer Elettropompe S.p.a

Dafu

Yanshan Pump